H&R Block listed as one of the 10 safest dividend stocks to buy now.
From Yahoo Finance: 2025-04-13 17:46:00
In a recent article, a list of the 10 safest dividend stocks to buy now was published, with a focus on where H&R Block, Inc. (NYSE:HRB) stands among them. The stock market’s volatility prompts investors to seek stability, with dividend-paying stocks offering a reliable income source and defense against market fluctuations.
President Trump’s tariff policy update, imposing a 145% rate on Chinese imports and maintaining a 10% baseline for other countries for 90 days, has caused global trade uncertainty. Safe dividend stocks provide stability amidst market turbulence, offering sustainable yields and long-term compounding benefits for investors seeking resilience.
Amid market turmoil, institutional investors are shifting towards value-based investments in dividend-yielding equities to counter policy actions and inflation volatility. The importance of selecting dividend stocks rooted in strong fundamentals and high yields has increased to navigate unpredictable market conditions and political cycles effectively.
H&R Block, Inc. (NYSE:HRB) emerges as a leading provider of tax preparation services, financial advisory products, and small business solutions, catering to millions of individuals and SMEs across digital platforms and retail locations. With a beta of 0.29 and a 2.53% dividend yield, HRB offers stability and growth potential, ranking 8th in the list of safest dividend stocks to buy now.
The company’s consistent dividend increases since 2016, coupled with a positive outlook from investors and the guidance of $975 million to $1.02 billion for EBITDA in 2025, position HRB as a reliable investment option. With 27 hedge funds holding stakes in HRB stock, moderate institutional interest adds to its appeal as a safe dividend stock choice.
Read more at Yahoo Finance: Is H&R Block, Inc. (HRB) the Safest Dividend Stock to Buy Now?